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• Publié par: trusteddebtsolutions
• Publié le: 27 mai 2015
• Nombre de lectures: 0
• Langue: English

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Trusted Debt Solutions Offers Student Loan Forgiveness Programs Loan ForgivenessProgram to encourage individuals to enter and continue to work full-time in public service jobs Under this program, borrowers may qualify for forgiveness of the remaining balance due on their eligible federal student loans. Federal student loans always have to be paid back. The loan program requires repayment after graduation or six months after the borrower is no longer attending college.These loans have varying repayment options, including deferring payments if the borrower is unemployed or underemployed. Student loan forgiveness offers a few options to the borrower to give them the opportunity to have part or all of their loans forgiven under certain circumstances.

Volunteer Work

The federal government allows a borrower to volunteer with three different organizations for a partial and up to total loan forgiveness. Volunteer with Americorps for 12 months and receive up to $4725.00 for loan repayment. Peace Corp volunteers will be granted loan repayment in differing amounts depending on length of service. Fifteen percent of the loan total is forgiven for each year of volunteer status with a maximum amount forgiven of 70 percent.

Military Service

Student borrowers have the opportunity to join the Army National Guard and receive up to $10,000 for educational loan payments depending on length of military service.

Teachers

Borrowers that become teachers in schools that have a certain population of low income students may be eligible to receive forgiveness of their Perkins loans. The National Defense Education Act allows teachers to have loans forgiven at a rate of 15 percent of the loan for each of the first two years of teaching and twenty percent in years three and four. Thirty percent of the loan is forgiven in the fifth year.

Teacher's in Mississippi that hold an alternate route teaching license and are employed in schools with a teacher shortage may be qualified to utilize the teacher loan repayment plan. . Legal and Medical Studies

Law school loan borrowers who work in nonprofit or public interest law positions may be eligible for student loan forgiveness. The US Department of Health and Human Services has a program for doctors and nurses who practice medicine in areas that do not have access to proper medical care. Federal loan borrowers should contact the American Association of Medical Colleges (AAMC) for a listing of all medical student loan forgiveness options.

Law Enforcement

Trusted Debt Solutionsoffers educational loan repayment. Student borrowers whose field of study were probation, law, parole, penology, or other related field of study have the eligibility to receive loan forgiveness, at the rate of 20 percent a year, if they are employed as an Alaska State Trooper.

All of these programs are a fantastic way to serve your state or country and have the ability of receiving a forgiven loan. People who are interested in public sector work should definitely take advantage of one of these options. To Know more aboutLoan-ConsolidationandLoan-Forgivenessplease visit here.http://trusteddebtsolutions.com/